spx corp (SPW) Key Developments
SPX Corporation Proposes to Approve Certificate of Incorporation
Mar 26 15
SPX Corporation announced that at its AGM to be held on May 08, 2015, the company has proposed to approve the amendment of its Certificate of Incorporation to change the par value of common share.
SPX Corporation Appoints Anne K. Altman as an Additional Member of the Board of Directors
Mar 23 15
SPX Corporation announced that its Board of Directors has appointed Anne K. Altman as an additional member of the company's Board of Directors. Ms. Altman will stand for election at the company's May 2015 Annual Meeting for a term expiring in 2018. Ms. Altman currently serves on the IBM Performance Team, as well as on the Advisory Board to IBM's Industry Academy.
SPX Corporation Wins Contract from Midfield Group to Help Establish Dairy Powder Processing Plant in Australia
Mar 10 15
SPX Corporation announced that its Flow Food and Beverage business has been awarded a contract from the Midfield Group. The contract calls for SPX to help Midfield establish a new dairy powder processing plant in Australia. The facility will have the capacity to produce both whole and skim milk powder and will also include an anhydrous milk fat (AMF) processing line. The completed facility will feature an array of SPX equipment including a new preheating process to provide longer run times, enhanced evaporation technology and will utilize SPX's Triple-A dryer enabling production of high quality milk powders. Work on the project will commence in the first quarter of 2015 and it is anticipated the new plant will begin operating in mid-2016.
SPX Corporation Announces Executive Changes
Mar 2 15
SPX Corporation announced that on February 24, 2015, Kevin L. Lilly, notified the company of his intent to retire from the position of the company’s Senior Vice President, Secretary, and General Counsel, effective on or about April 3, 2015. The board of directors of the company has appointed Stephen A. Tsoris to the role of Vice President, Secretary, and General Counsel, effective upon Mr. Lilly’s retirement.
SPX Corporation Declares Quarterly Dividend, Payable on April 1, 2015
Feb 27 15
SPX Corporation announced that its board of directors has declared a quarterly dividend of $0.375 per common share payable on April 1, 2015 to shareholders of record on March 16, 2015.